Categories: Business

BYJU’s bought Kids Kids Coding Co for $ 200 million

Bengaluru: Bengaluru: BYJU’s has acquired the K-12 creative code platform based in the US for $ 200 million (Rs 1,500 Crore), part of an effort to consolidate its presence in the US.
Tynker allows students of all ages to learn the code at home, school or while traveling.
Tynker coding curriculum has been used by one in three US K-8 schools, 100,000 schools globally, and more than 60 million children in 150 countries.
BYJU recently acquired the US Digital Reading platform Epic, focusing on 12 children and below, for $ 500 million.
Bengaluru-based EDTech company plans to invest $ 1 billion in North America.
BYJU has made several major acquisitions in the past year, including those of the WHITEHAT JR for $ 300 million, and AAKASH education services because of almost $ 1 billion.
It acquired OSMO based in the US, educational game maker, for $ 120 million two years ago.
BYJU RAVEDRAN, Founder & CEO BYJU, said there was a strong synergy between the Jr and Tynker Whitehat.
“They provide a combination of synchronous and asynchronous learning.
Tynker has several attendance in the US and many other markets where we want to enter deeper,” he said.
Krishna Vedati, Co-Founder & Tynker CEO, said coding is a living skill for this generation.
“This partnership will take the US to a global scale,” he said.
Vedati said Tynker offered a freemium solution where children could learn to coded with all-round and deep courses, and more than 4,100 modules in block coding, then advanced to learn the real world.
Python and Javascript.
Srinivas Other Mandyam said the idea of ​​starting Tynker was to democratize coding and make children get coded earlier so they did not develop barriers to the parent field.
Three founders of Tynker along with his team consisting of 50s.
will join BYJU.
BYJU’s has 100 million students on the free platform and 7 million paid customers.
Raveendran said they wanted to build a creator’s mindset and not just the mindset that consumed.
With some properties in the K-12 portfolio, Byju’s plans for O create a type of github for children to find their potential.
“It was his aspiration.
We will do it remembering the privacy of K-12 students,” added Vedati.

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